Almost all banks impose a limit on the amount of money at the counter that you can withdraw each day. This ceiling, which is normally set in your banking contract, is around 1000 euros on average per week. This is mainly a security measure to prevent thieves from emptying your accounts. But it also helps banks stabilize liquidity. Indeed, this withdrawal limit makes it possible to better manage cash flow. Banks keep a limited amount of cash at the cash desk at all times, just like ATMs. By setting this limit, the banking institution can control the amount it must distribute at a given time. But above all, security is paramount: by limiting daily withdrawals, banks help protect their customers from unauthorized access. So even if your card ends up in the wrong hands, the damage won’t be aggravated.
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